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I follow NUKO just because traders love to double this stock on news, sort of like SEVL. It seems every time there is news, traders double it on a two day run, so, it is a traders stock of sorts. Anyway, the current 50 cent price may already reflect the earnings news, since usually the market anticipates such things, and it could be that the stock actually goes up from here. I've seen this happen a lot, selloff prior to bad news, rally on the bad news. Doesn't always happen, we'll see, but one thing for sure, it's a buy at the bottom, since NUKO is gonna have some positive news at some point where traders will take the opportunity to double it again. Plus, many a seemingly dead company has miraculously revived itself recently. NUKO may not be finished. |
